45-30-250.03
Section 45-30-250.03 Amendment to certificate of incorporation. (a) The certificate of incorporation
of the authority incorporated under this article may at any time and from time to time be
amended in the manner provided in this section. (b)(1) The board of directors of the authority
shall first adopt a resolution proposing an amendment to the certificate of incorporation
which shall be set forth in full in the resolution. The amendment may include any of the following:
a. A change in the name of the authority. b. The addition to the service area of the authority
of new territory lying within Franklin County. c. Provisions for the operation of a system
or facility not currently provided for in the certificate of incorporation of the authority
for which the authority is authorized by this article to operate. d. Any matters which could
have been included in the original certificate of incorporation. e. Provisions for the addition
to the service area of the authority of new territory...
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11-97-10
Section 11-97-10 Security for payment of bonds; contracts and agreements to secure. (a) Bonds
issued by any corporation may, as its board may deem advisable, be either general obligations
of such corporation or limited obligations payable only out of certain specified revenues
or assets of such corporation; provided, that any corporation may enter into contracts with
the holders of any of its bonds preventing such corporation from thereafter issuing general
obligation bonds or limiting the amount of such bonds that may thereafter be issued. To the
extent permitted by any contracts with the holders of outstanding bonds and any other contractual
obligations or requirements, any corporation may pledge any of its revenues or mortgage or
assign any of its assets, whether real or personal and whether tangible or intangible, to
secure the payment of any of its bonds. (b) As security for payment of the principal of and
the interest and premium, if any, on any bonds issued or assumed by it, any...
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45-8-90
Section 45-8-90 Economic Development Council - Creation; composition; powers and duties. (a)(1)
For the purposes of promoting industry and trade and economic development and to assist Calhoun
County and the municipalities located therein in their pursuits therefor and to provide for
the exercise by the county and the municipalities of certain powers and authority proposed
to be granted to them by an amendment to the Constitution of Alabama, the act proposing such
amendment being adopted at the same session of the Legislature at which the act adding this
section was adopted, there is hereby created an economic development council for Calhoun County,
which council shall constitute a public corporation under the name Calhoun County Economic
Development Council. (2) This section shall be liberally construed in conformity with the
purposes. (b)(1) The powers and authorities of the Calhoun County Economic Development Council
shall be vested in and performed by a board of directors. (2) The...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-8-90.htm - 12K - Match Info - Similar pages

11-62-8
Section 11-62-8 Bonds and notes generally - Form, terms, denominations, etc.; execution, sale,
delivery, redemption, etc.; security for payment of principal or interest; remedies upon default;
liability of municipalities, board, etc., thereupon. (a) Any authority shall have power to
issue from time to time its bonds and notes in such principal amount as its board shall determine
to be necessary to provide sufficient funds for achieving any of its corporate purposes, including
the payment of interest on any of its notes and bonds, the establishment of reserves to secure
any such notes and bonds and all other expenditures of such authority incident to and necessary
or convenient to carry out its corporate purposes and powers. Any authority shall also have
the power to issue from time to time notes to renew notes and bonds to pay notes, including
interest thereon and, whenever it deems refunding expedient, to refund any bonds by the issuance
of new bonds, whether the bonds to be refunded...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-62-8.htm - 12K - Match Info - Similar pages

11-49A-6
Section 11-49A-6 Certificate of incorporation - Amendments; resolution; application; denial
or approval of governing body; filing. The certificate of incorporation of any authority incorporated
under the provisions of this chapter may at any time and from time to time be amended in the
manner provided in this section, provided that the contents of any amendment are first approved
by the municipal governing body which shall have the authority to recommend requirements with
respect to either any amendment or the original certificate of incorporation. The board of
directors of the authority shall first adopt a resolution proposing an amendment to the certificate
of incorporation which shall be set forth in full in the said resolution and which amendment
may include any matters which might have been included in the original certificate of incorporation.
After the adoption by the board of a resolution proposing an amendment to the certificate
of incorporation of the authority, the chairman...
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41-10-139
Section 41-10-139 Filing certificate of incorporation with Secretary of State; contents, execution,
recordation, etc. (a) After the date of issuance by the Governor of his executive order authorizing
the applicants to proceed to form a public corporation, as provided in Section 41-10-138,
the applicants or not less than three of the applicants shall proceed to incorporate a public
corporation by filing of record in the office of the Secretary of State a certificate of incorporation
which shall comply in form and substance with the requirements of this section and be executed
in the manner provided in this section. (b) The certificate of incorporation of the authority
shall state: (1) The names of the persons incorporating the authority, together with their
post office addresses and a statement that each of them is a qualified elector of the state;
(2) The name of the authority (which shall include the words "historical preservation
authority"); (3) The location of the principal office...
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11-86A-4
Section 11-86A-4 Filing of application for incorporation with probate judge; contents thereof;
recordation of application by probate judge; approval or disapproval by governing body of
county of incorporation and each participating municipality. (a) The written application of
the incorporators shall be filed with the probate judge, which application shall: (1) Contain
a statement that the incorporators propose to incorporate an authority pursuant to this chapter.
(2) State that each of the incorporators is a resident of the county of incorporation. (3)
Request that the governing body of the county of incorporation and each participating municipality
adopt a resolution declaring that it is expedient that the proposed authority be formed, approving
the written application, and authorizing the incorporators to proceed to form the proposed
authority by filing for record articles in accordance with this chapter. (b) The application
shall include the form of articles of the proposed...
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22-21-315
Section 22-21-315 Certificate of incorporation - Amendment; application; approving resolution;
filing and recordation of certificate. (a) The certificate of incorporation of any authority
incorporated under the provisions of this article, as well as that of any public hospital
corporation reincorporated hereunder, may at any time and from time to time be amended, but
only in the manner provided in this section. The board shall first adopt a resolution proposing
an amendment to the certificate of incorporation of the authority, which amendment shall be
set forth in full in the said resolution and which may include any matters that might have
been included in an original certificate of incorporation hereunder. (b) After the adoption
by the board of a resolution proposing an amendment to the certificate of incorporation, the
chairman and the secretary of the authority shall sign and file, with the governing body of
each authorizing subdivision, a written application in the name and on...
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11-15-4
Section 11-15-4 Certificate of incorporation - Contents; approval. The certificate of incorporation
of the corporation shall state: (1) The names of the persons forming the corporation together
with the residence of each thereof and a statement that each of them is a duly qualified elector
of and property owner in the county; (2) The name of the corporation; (3) The location of
its principal office, which shall be in the county seat of the county; (4) The number of directors
(which shall be three or a multiple of three); and (5) Any other matters relating to the corporation
which the incorporators may choose to insert and which shall not be inconsistent with this
chapter or with the laws of the state. The name designated for the corporation in the certificate
of incorporation shall be one indicating the purpose thereof, such as "___ County Public
Building Authority" (the name of the county to be filled in the blank space) or some
other name of similar import. The form and contents...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-15-4.htm - 2K - Match Info - Similar pages

11-88-20
Section 11-88-20 Validation of prior defective incorporations under provisions of article.
In all cases where there has heretofore been an attempt to incorporate a public corporation
under the provisions of this article, and a certificate of incorporation with respect to such
corporation has been filed in the office of the judge of probate of the county in which such
corporation was sought to be incorporated, but the attempted incorporation is invalid because
of some irregularity in the procedure followed, the attempted incorporation of such public
corporation with respect to which such a certificate of incorporation has been filed shall
be and hereby is validated ab initio, notwithstanding any irregularity in the procedure for
incorporation of such corporation, including, without limiting the generality of the foregoing:
(1) The failure of the judge of probate in whose office such certificate of incorporation
was filed to examine such certificate of incorporation or to enter an...
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